Buyer FTC

Buyer FTC

Woking Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Commodity Procurement team as a Buyer, shaping supplier strategies for McLaren vehicles.
  • Company: McLaren Automotive creates breathtaking performance road cars, pushing boundaries in the automotive industry.
  • Benefits: Enjoy 25 days holiday, enhanced pension, private medical insurance, and flexible lifestyle benefits.
  • Why this job: Be part of a diverse team driving innovation and excellence in automotive procurement.
  • Qualifications: A degree in Business or Engineering is preferred; experience in automotive procurement is essential.
  • Other info: This is a 12-month fixed-term contract with opportunities for career growth.

The predicted salary is between 42000 - 84000 £ per year.

Join to apply for the Buyer FTC role at McLaren Automotive Ltd

Strategic Talent Acquisition Partner | DEI Champion | Top Talent Recruiter

What to Expect

We are recruiting for a Buyer to join our fantastic Commodity Procurement team in Woking. As the Buyer you will set the strategic direction of future supplier sourcing for McLaren vehicles for the commodities & suppliers within your commodity area and effectively direct your supplier relationships, to ensure access to the best technology at the lowest achievable ‘total cost’, whilst ensuring at all times that any possible risk to McLaren is minimised.

Please note this is a 12 month fixed term contract.

What You\’ll Do

  • Ensuring close cooperation with Engineering to incorporate Technology Roadmaps and shall demonstrate expertise regarding their suppliers’ and the wider industry’s current and future technological advances.
  • Delivering the creation and subsequent updating of Category Strategies, fully aligned with Technology Roadmaps, to ensure McLaren has clarity regarding the best possible selection of suppliers to meet our future product plans, technology, sourcing and cost requirements.
  • Be a subject matter expert regarding the suppliers, competitors and industry landscape within their commodity area, fully conversant with the manufacturing processes, cost drivers and current, as well as future, technology.
  • Demonstrating that Procurement is a key business partner that brings real added value when interacting with other departments, so that other functions want to engage Procurement’s expertise.
  • Preparing and delivering the annual plans for cost reduction (including minimising any supplier claims) for their Commodity area, to ensure the committed improvements in direct material cost are delivered in line with the business plan. Work collaboratively with the Vehicle Line and Engineering to ensure they support and deliver on their cost down objectives too.
  • Understanding and interrogating supplier Quotation Analysis Forms (QAF’s), in order to deliver the best possible total cost for McLaren.
  • Owning the relationships with our key suppliers, including leading the Supplier Relationship Management process, to ensure McLaren is a ‘customer of choice’ and treated as such by its suppliers.
  • Building strong relationships with their opposite numbers(s) within Engineering to ensure robust cross functional cooperation, to deliver aligned strategies and ‘one voice’ to the McLaren supplier base, in turn delivering the best cost and technology solutions.
  • Leveraging robust supplier relationships to deliver the best outcome for McLaren in critical supplier negotiations.
  • Leading contract negotiations with suppliers and work closely with the McLaren legal team to ensure that McLaren achieves the best possible commercial position and is protected from risk.
  • Managing all Commodity Procurement activities for their suppliers and work with the Programme Procurement team to provide up to date Category Strategies and guidance regarding the RFQ process, including leading final contract and price negotiations with selected suppliers.

What You\’ll Bring

  • A university degree in Business or Engineering (ideally automotive, aerospace or mechanical), or similar, is preferred but not essential.
  • Professionally qualified to MCIPS level or equivalent, or working towards completion, is preferred.
  • Chassis experience preferred.
  • Deep understanding of the Procurement function and processes, and demonstrable experience of managing multi-national suppliers.
  • At least 2 years’ experience as a buyer with an Automotive Original Equipment Manufacturer (OEM) or a minimum of 3 years’ experience as a buyer within a manufacturing business or First Tier Automotive supplier.
  • Experience of delivering multiple Category Strategies / Commodity Strategies through cross functional collaboration with Engineering.
  • Well versed in successfully delivering multi million pound negotiations and contracts for direct materials at senior level with suppliers. Be a role model to demonstrate ‘what good looks like’.
  • Experience of high volume and niche vehicle Procurement, with the ability to apply best practice as appropriate.
  • Experienced with financial analysis for assessing supplier’s health and for building business cases internally.

What We\’ll Do for You

  • 25 days’ holiday, plus bank holiday. Annual buy & sell up to five days
  • Enhanced company pension scheme
  • Discretionary annual bonus award
  • Private medical insurance and health cash plan
  • Life assurance 4x your basic salary
  • Ability to apply for a sabbatical of up to one year after only two years’ service
  • Benefits you can adapt to your lifestyle, such as discounted shopping
  • Generous parental leave policies including market leading maternity leave
  • A range of wellbeing initiatives, such as employee assistance programme and free financial & mortgage advice
  • Friends and family day
  • Opportunities to experience our fantastic cars

Who Are We?

No restraints. No limitations. We don’t simply push boundaries. McLaren Automotive exists to create breath-taking performance road cars.

It takes a community to do what we do. A diverse group of people with many areas of expertise, united by their passion to deliver visionary products and set new benchmarks.

McLaren Automotive commits to equal opportunity for all. Diversity, Equality and Inclusion is at the heart of our impact, it drives our innovation and enables us to truly create something special. Join us on our journey.

Seniority level

  • Associate

Employment type

  • Contract

Job function

  • Purchasing
  • Industries: Automotive, Motor Vehicle Manufacturing, and Manufacturing

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Buyer FTC employer: McLaren Automotive Ltd

McLaren Automotive Ltd is an exceptional employer, offering a dynamic work environment in Woking that fosters innovation and collaboration. With a strong commitment to employee growth, the company provides extensive benefits including generous holiday allowances, enhanced pension schemes, and opportunities for sabbaticals, all while promoting a culture of diversity and inclusion. Join us to be part of a passionate team dedicated to pushing the boundaries of automotive excellence.
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Contact Detail:

McLaren Automotive Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Buyer FTC

✨Tip Number 1

Familiarise yourself with McLaren's current and future technology roadmaps. Understanding their strategic direction will help you demonstrate your alignment with their goals during discussions.

✨Tip Number 2

Network with professionals in the automotive procurement field, especially those with experience at OEMs. This can provide you with insights into industry trends and potentially valuable connections.

✨Tip Number 3

Prepare to discuss your experience with multi-million-pound negotiations. Be ready to share specific examples of how you've successfully managed supplier relationships and delivered cost reductions.

✨Tip Number 4

Showcase your understanding of the procurement function by being prepared to discuss how you would collaborate with engineering teams. Highlighting your cross-functional teamwork skills can set you apart.

We think you need these skills to ace Buyer FTC

Supplier Relationship Management
Category Strategy Development
Negotiation Skills
Cost Reduction Strategies
Cross-Functional Collaboration
Financial Analysis
Understanding of Procurement Processes
Automotive Industry Knowledge
Technical Aptitude in Engineering
Risk Management
Quotation Analysis
Contract Management
Communication Skills
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in procurement, particularly within the automotive sector. Emphasise your achievements in managing supplier relationships and delivering cost reductions.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the automotive industry and how your skills align with McLaren's values. Mention specific examples of your experience in negotiating contracts and developing category strategies.

Showcase Relevant Skills: Highlight key skills such as financial analysis, supplier negotiation, and cross-functional collaboration. Use specific metrics or outcomes to demonstrate your effectiveness in these areas.

Research McLaren Automotive: Familiarise yourself with McLaren's products, values, and recent developments in the automotive industry. This knowledge will help you tailor your application and show genuine interest in the company.

How to prepare for a job interview at McLaren Automotive Ltd

✨Research McLaren Automotive

Before the interview, take some time to understand McLaren's values, mission, and recent developments in the automotive industry. This will help you align your answers with their goals and demonstrate your genuine interest in the company.

✨Showcase Your Procurement Expertise

Be prepared to discuss your experience in procurement, especially in the automotive sector. Highlight specific examples of how you've successfully managed supplier relationships, negotiated contracts, and delivered cost savings in previous roles.

✨Prepare for Technical Questions

Given the technical nature of the Buyer role, expect questions related to supplier technology, cost drivers, and category strategies. Brush up on relevant terminology and be ready to explain how you would approach these challenges at McLaren.

✨Demonstrate Cross-Functional Collaboration

McLaren values teamwork across departments. Be ready to share examples of how you've worked collaboratively with engineering or other teams to achieve common goals, particularly in developing category strategies or managing supplier negotiations.

Buyer FTC
McLaren Automotive Ltd
Location: Woking
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